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22 U.S.C. § 3712

Panama Canal Revolving Fund

United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective

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22 U.S.C. § 3712, Panama Canal Revolving Fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/457393
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Full text

There is established in the Treasury of the United States a revolving fund to be known as “Panama Canal Revolving Fund”. The Panama Canal Revolving Fund shall, subject to subsection (b), be available to the Commission to carry out the purposes, functions, and powers authorized by this chapter, including for the following purposes: No funds may be authorized for the use of the Commission, or obligated or expended by the Commission in any fiscal year; in excess of— With the approval of the Secretary of the Treasury, the Commission may deposit amounts in the Panama Canal Revolving Fund in any Federal Reserve bank, any depositary for public funds, or such other place and in such manner as the Commission and the Secretary may agree.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 96-70(H.R. 111)1979-09-27
    An act to provide for the operation and maintenance of the Panama Canal under the Panama Canal Treaty of 1977, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 99-195(H.R. 664)1985-12-23
    A bill to amend the Panama Canal Act of 1979 with respect to the payment of interest on the investment of the United States.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-203(H.R. 3545)1987-12-22
    Omnibus Budget Reconciliation Act of 1987
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-705(H.R. 5287)1988-11-19
    Panama Canal Commission Compensation Fund Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 102-484(H.R. 5006)1992-10-23
    National Defense Authorization Act for Fiscal Year 1993
    House: 304–100Senate: no recorded tally
  • Amended byPub. L. 104-106(S. 1124)1996-02-10
    National Defense Authorization Act for Fiscal Year 1996
    House: 287–129Senate: 56–34
  • Amended byPub. L. 104-201(H.R. 3230)1996-09-23
    National Defense Authorization Act for Fiscal Year 1997
    House: 285–132Senate: 73–26
  • Amended byPub. L. 105-85(H.R. 1119)1997-11-18
    National Defense Authorization Act for Fiscal Year 1998
    House: 286–123Senate: 90–10
  • Amended byPub. L. 108-309(H.J.Res. 107)2004-09-30
    Making continuing appropriations for the fiscal year 2005, and for other purposes.
    House: 389–32Senate: no recorded tally